New Spice Sales And Solutions Limited

Phases out distribution of Spice branded mobile handsets since 1988.

1988 | Delhi (India) | Active
Last Updated:

New Spice Sales And Solutions Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 99.72 Cr
  • Company Age 37 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 145.00 Cr
  • Revenue Growth %
  • Profit Growth -0.71%
  • Ebitda
  • Net Worth -5.77%
  • Total Assets -15.89%

About New Spice Sales And Solutions

New Spice Sales And Solutions Limited (NSSASL) is a Public Limited Indian Non-Government Company incorporated in India on 19 February 1988 and has a history of 37 years and one month. Its registered office is in Delhi, India.

The Corporate was formerly known as Hotspots Retails Private Limited. The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 99.72 Cr.

The company has closed loans amounting to ₹145.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at New Spice Sales And Solutions Limited India is Vishal Chugh as CEO. Pradeep Awasthi, Bibhuti Choudhury, Vineet Saxena, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32201DL1988PLC399032

  • Company No.

    008020

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1988

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does New Spice Sales And Solutions Limited offer?

New Spice Sales And Solutions Limited offers a wide range of products and services, including Mobile Phones, Oppo Mobile Phones, Samsung Mobile Phones.

Who are the key members and board of directors at New Spice Sales And Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Vishal Chugh CEO28-Nov-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Vineet Saxena Country flag representing In Director 02-Jun-2023Current
Pradeep Awasthi Country flag representing In Director 02-Jun-2023Current
Bibhuti Choudhury Country flag representing In Director 02-Jun-2023Current
Biplab Majumder Country flag representing In Director 01-Apr-2024Current

Financial Performance of New Spice Sales And Solutions.

New Spice Sales And Solutions Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 0.71% decrease in profit. The company's net worth dipped by a decrease of 5.77%.

New Spice Sales And Solutions revenue growth over time
New Spice Sales And Solutions profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
-15.89%
Profit or Loss
-0.71%
Net Worth
-5.77%
EBITDA

What is the Ownership and Shareholding Structure of New Spice Sales And Solutions?

In 2022, New Spice Sales And Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹145.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 95.00 Cr
  • Hdfc Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2016Others₹15.00 CrSatisfied
22 Sep 2014Hdfc Bank Limited₹50.00 CrSatisfied
25 Oct 2013Others₹80.00 CrSatisfied

How Many Employees Work at New Spice Sales And Solutions?

New Spice Sales And Solutions has a workforce of 1 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for New Spice Sales And Solutions Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Spice Sales And Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped New Spice Sales And Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on New Spice Sales And Solutions

Recent activity within the organization

  • Director Appointment

    Biplab Majumder was appointed as a Director was appointed as a Director on 01 Apr 2024 & has been associated with this company since 11 months 27 days .

  • Director Appointment

    Vishal Chugh was appointed as a Ceo was appointed as a Ceo on 28 Nov 2023 & has been associated with this company since 1 year 4 months .

  • Annual General Meeting

    New Spice Sales And Solutions Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Director Appointment

    Pradeep Kumar Awasthi was appointed as a Director was appointed as a Director on 02 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Bibhuti Bhusan Choudhury was appointed as a Director was appointed as a Director on 02 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Vineet Saxena was appointed as a Director was appointed as a Director on 02 Jun 2023 & has been associated with this company since 1 year 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of New Spice Sales And Solutions Limited?

    New Spice Sales And Solutions Limited was incorporated on 19 Feb 1988.

  • What is authorized share capital and paid-up capital of New Spice Sales And Solutions Limited?

    The authorized share capital of New Spice Sales And Solutions Limited is ₹ 100.00 Cr and paid-up capital is ₹ 99.72 Cr.

  • Who are the current board members & directors of New Spice Sales And Solutions Limited?

    Currently 5 directors are associated with New Spice Sales And Solutions Limited.

    • Pradeep Kumar Awasthi
    • Bibhuti Bhusan Choudhury
    • Vineet Saxena
    • Biplab Majumder
    • Vishal Chugh
  • What is the registered address of New Spice Sales And Solutions Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of New Spice Sales And Solutions Limited is B-6/101 1St Floor Near Jain Mandir Subhash Chowk, Laxmi Nagar India, Delhi, 110092.

  • What is the corporate identification number (CIN) and company number of New Spice Sales And Solutions Limited?

    The corporate identification number (CIN) of New Spice Sales And Solutions Limited is U32201DL1988PLC399032 and the company number is 008020 as per Ministry of Corporate Affairs (MCA).

  • How many employees does New Spice Sales And Solutions Limited currently have?

    As Per 2021 financial reports, 1 employees are currently employed by New Spice Sales And Solutions Limited.

  • What change has been observed in the net worth of New Spice Sales And Solutions Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of New Spice Sales And Solutions Limited has experienced an downturn of -5.77%.

  • When was the last Balance Sheet of New Spice Sales And Solutions Limited filed with the ROC?

    The most recent Balance Sheet for New Spice Sales And Solutions Limited was filed with the ROC on 31 Mar 2023.